Cambridge 241
Founded to unlock Nigeria’s deep offshore potential, Cambridge 241 is a forward-looking energy company driving exploration and development within OPL 241 under a Production Sharing Contract with NNPC. With a 51% participating interest and operatorship of the block, Cambridge 241 is committed to advancing responsible resource development through strategic partnerships, cutting-edge technology, and strong regulatory collaboration. The company’s focus on transparency, technical excellence, and sustainable growth positions it as a key contributor to Nigeria’s upstream energy future.
OPL 241
(Cambridge 241: 51% interest)
Acquisition of a 51 per cent participating interest and operatorship in the Production Sharing Contract for OPL 241, located on the Gulf of Guinea shelf edge, straddling the Dahomey and Niger Delta Basins. The block covers 1,182 square kilometers and contains proven hydrocarbon discoveries in the Baba-1 and Epiya-1 wells, with significant additional upside identified through 3D seismic data.
Preliminary estimates indicate recoverable resources across oil and gas prospects, with ongoing appraisal and development activities aimed at advancing the block toward early production.
